Paypal's Direct debit cancellation

Discussion in 'PayPal' started by rodel, Jun 20, 2007.

  1. #1
    I am currently using Paypal UK for accepting payments from buyers. I've heard many horror stories about Paypal taking out money from its customers' bank accounts (direct debit) to pay for any outstandable payments, refunds etc without authorisation from the account holder.

    The question is: if I cancel the Paypal's direct debit (e.g. via online banking), will it affect my Paypal account in any ways (like account limit) apart from not being able to upload funds to my Paypal account via electronic bank transfer?

    Many thanks
     
    rodel, Jun 20, 2007 IP
  2. inworx

    inworx Peon

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    No, it wont except that it may make your account Unverified.
     
    inworx, Jun 20, 2007 IP